Description
We are looking for more than just an employee, we are looking for a true team member dedicated to enhancing the member experience! Come join the credit union movement and Discover Banking With Heart at NIHFCU!
At NIHFCU, one of our core values is investing in our employees, which is why we offer
perks like these:
• Benefit Package for all Full time employees includes health, dental, vision, Life
• insurance benefits
• 401(K) and profit sharing
• Tuition Reimbursement
• Career Advancement and development
• Credit Union Membership with discounted services and products
Learn how our NIHFCU team thrives—not only in making a difference for the members they serve, but for themselves! Want to know more about NIHFCU’s “Banking with Heart” career opportunities? #NIHFCUCareers #BestCreditUnions:
Discover the Benefits of Working at NIHFCU | Discover Banking with Heart
GENERAL SUMMARY
The Manager, Internal Audit is a key position on the NIH Federal Credit Union’s team, and the incumbent will be responsible for assisting the Supervisory Committee in developing and driving the success of the Credit Union’s Internal Audit Program through strategic and tactical initiatives. Reporting to the Supervisory Committee, the Manager, Internal Audit will assist in the design, development, revision, and administration of the Credit Union’s risk-based audit plan to ensure effective internal controls are in place to protect Credit Union assets and Members. The Manager, Internal Audit will ensure the Credit Union is in compliance with applicable state laws, federal regulations, and internal policies. The incumbent will be responsible for maintaining an annual and three-year rolling audit plan and providing audit reports to the Supervisory Committee. The Manager, Internal Audit will be required to participate in monthly Supervisory Committee meetings.
MAJOR DUTIES AND RESPONSIBILITIES
- Establishes and administers annually a formal internal audit plan which evaluates numerous business functions and processes, e.g.: branches, ATMs, investments, wire transfer, loans, shares, and data processing.
- Creates and maintains a three-year risk-based rolling audit plan; Manages resource allocations for all audit activities.
- Plans, creates, implements, and maintains an annual audit and supervisory review (SR) plan. The plan consists of monitoring, sampling transactions, and reviewing various Credit Union reports for compliance with internal policies and procedures, statistically significant changes, and accuracy of work.
- Prepares and presents audit reports to appropriate levels of Management and the Supervisory Committee; obtains management’s responses to audit comments and follows up on actions taken by Management to implement audit recommendations.
- Manage vendor contracts for internal and external audits and serve as a point of contact for contract administration. Work with vendor to ensure deliverables are within scope and on schedule.
- Maintains a follow-up system to ensure that all member complaints are resolved and reviewed in a timely manner. Ensures actions taken are effective.
- Ensures that well-documented work papers are maintained for audit and internal control reviews.
- Serves as a liaison to Management during National Credit Union Administration (NCUA), Certified Public Accounting (CPA) and other external examinations and audits.
- Advises Departments regarding internal control and audit issues, on an as needed basis.
- As requested, performs special audits and studies to assist Management in addressing increased areas of concern.
- requested, assists Management in the creation and maintenance of Departmental policies and procedures.
- Performs other related work as assigned by the Supervisory Committee.
EDUCATION & EXPERIENCE
- Minimum of five (5) years in auditing preferably with a credit union or a financial institution.
- A four (4) year degree in Accounting and/or Finance or related field is preferred and/or previous experience in quality control, an internal audit position, or in the public accounting environment.
- Demonstrated hands-on experience in establishing and administering internal audit functions as well as demonstrable knowledge of NCUA, Federal, and State regulatory laws pertaining to Credit Unions.
- Project and contract management experience is a plus.
- Have ability to work effectively with people in a diverse environment that encompasses regular deadlines, where change is always possible, and flexibility is essential.
- Have ability to motivate or influence others is a material part of the job, requiring a significant level of diplomacy and trust. Obtaining cooperation (internally and/or externally) is an important part of the job.
REQUIRED COMPLIANCE COURSES
Ensure that work results and processes comply with relevant laws and with established NIHFCU policies, procedures, and practices, including, but not limited to, the Bank Secrecy Act (BSA).Attend all required training or complete and pass all online required training courses as applicable.
NIHFCU is an Equal Opportunity Employer and does not discriminate against employees or applicants based on race, color, religion, sex/gender, national origin, disability, age, or any other category protected by law.
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